10-Q Filing

LKQ CORP CIK: 1065696 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001065696-22-000032`
Period End Date	20220331
Filing Date	20220504
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	lkq-20220331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 44 Cash Flow Statement 66 Stockholders Equity 19 Comprehensive Income 12

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$274.00M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	287.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$327.00M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	284.70M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	37.30M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	34.60M	shares	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$1.24B	USD	Point-in-time
Receivables, net	`ReceivablesNetCurrent`	$1.07B	USD	Point-in-time
Inventories	`InventoryNet`	$2.57B	USD	Point-in-time
Inventories	`InventoryNet`	$2.61B	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$290.00M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$2.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$253.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$294.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.68B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.25B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.26B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.30B	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.36B	USD	Point-in-time
Operating lease assets, net	`OperatingLeaseRightOfUseAsset`	$1.30B	USD	Point-in-time
Goodwill	`Goodwill`	$4.43B	USD	Point-in-time
Goodwill	`Goodwill`	$4.54B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$746.00M	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$715.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$181.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$179.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$225.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$219.00M	USD	Point-in-time
Total assets	`Assets`	$12.78B	USD	Point-in-time
Total assets	`Assets`	$12.61B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.18B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.37B	USD	Point-in-time
Accrued payroll-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$219.00M	USD	Point-in-time
Accrued payroll-related liabilities	`EmployeeRelatedLiabilitiesCurrent`	$261.00M	USD	Point-in-time
Refund liability	`CustomerRefundLiabilityCurrent`	$106.00M	USD	Point-in-time
Refund liability	`CustomerRefundLiabilityCurrent`	$107.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$271.00M	USD	Point-in-time
Other accrued expenses	`AccruedLiabilitiesCurrent`	$330.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$127.00M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	-	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$203.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$192.00M	USD	Point-in-time
Current portion of long-term obligations	`LongtermDebtandCapitalLeaseObligationsCurrentNet`	$31.00M	USD	Point-in-time
Current portion of long-term obligations	`LongtermDebtandCapitalLeaseObligationsCurrentNet`	$35.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$112.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$120.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.50B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.17B	USD	Point-in-time
Long-term operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$1.21B	USD	Point-in-time
Long-term operating lease liabilities, excluding current portion	`OperatingLeaseLiabilityNoncurrent`	$1.16B	USD	Point-in-time
Long-term obligations, excluding current portion	`LongTermDebtandCapitalLeaseObligationsExcludingCurrentPortionNet`	$2.68B	USD	Point-in-time
Long-term obligations, excluding current portion	`LongTermDebtandCapitalLeaseObligationsExcludingCurrentPortionNet`	$2.78B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$279.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$270.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$349.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$365.00M	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$24.00M	USD	Point-in-time
Redeemable noncontrolling interest	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$24.00M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	322.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	321.60M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	287.00M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	284.70M	shares	Point-in-time
Common stock, $0.01 par value, 1,000.0 shares authorized, 322.0 shares issued and 284.7 shares outstanding at March 31, 2022; 321.6 shares issued and 287.0 shares outstanding at December 31, 2021	`CommonStockValue`	$3.00M	USD	Point-in-time
Common stock, $0.01 par value, 1,000.0 shares authorized, 322.0 shares issued and 284.7 shares outstanding at March 31, 2022; 321.6 shares issued and 287.0 shares outstanding at December 31, 2021	`CommonStockValue`	$3.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.47B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.79B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.00B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-206.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-153.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-99.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-126.00M	USD	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	37.30M	shares	Point-in-time
Treasury Stock, Common, Shares	`TreasuryStockCommonShares`	34.60M	shares	Point-in-time
Treasury stock, at cost; 37.3 shares at March 31, 2022 and 34.6 shares at December 31, 2021	`TreasuryStockValue`	$1.49B	USD	Point-in-time
Treasury stock, at cost; 37.3 shares at March 31, 2022 and 34.6 shares at December 31, 2021	`TreasuryStockValue`	$1.35B	USD	Point-in-time
Total Company stockholders' equity	`StockholdersEquity`	$5.77B	USD	Point-in-time
Total Company stockholders' equity	`StockholdersEquity`	$5.78B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.86B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.79B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.80B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$12.61B	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$3.35B	USD	1 Quarter
Revenue	`Revenues`	$3.17B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.99B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.88B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.29B	USD	1 Quarter
Gross margin	`GrossProfit`	$1.36B	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$849.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$924.00M	USD	1 Quarter
Restructuring and transaction related expenses	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$3.00M	USD	1 Quarter
Restructuring and transaction related expenses	`RestructuringChargesAndBusinessCombinationAcquisitionRelatedCosts`	$8.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$66.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$59.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$371.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$371.00M	USD	1 Quarter
Interest expense, net of interest income	`InterestIncomeExpenseNonoperatingNet`	$-24.00M	USD	1 Quarter
Interest expense, net of interest income	`InterestIncomeExpenseNonoperatingNet`	$-15.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$6.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-15.00M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-18.00M	USD	1 Quarter
Income from continuing operations before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$353.00M	USD	1 Quarter
Income from continuing operations before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$356.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$93.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$89.00M	USD	1 Quarter
Equity in earnings of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$6.00M	USD	1 Quarter
Equity in earnings of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$2.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$266.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$269.00M	USD	1 Quarter
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	1 Quarter
Net income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$4.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$266.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.88	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.94	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	$0.02	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare`	-	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$0.88	USD	1 Quarter
Net income	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.94	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.88	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	$0.02	USD	1 Quarter
Net income from discontinued operations	`DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Net income	`EarningsPerShareDiluted`	$0.88	USD	1 Quarter

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$266.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$72.00M	USD	1 Quarter
Stock-based compensation expense	`AllocatedShareBasedCompensationExpense`	$8.00M	USD	1 Quarter
Stock-based compensation expense	`AllocatedShareBasedCompensationExpense`	$13.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$9.00M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$4.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$230.00M	USD	1 Quarter
Receivables, net	`IncreaseDecreaseInReceivables`	$198.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$98.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$13.00M	USD	1 Quarter
Prepaid income taxes/income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-21.00M	USD	1 Quarter
Prepaid income taxes/income taxes payable	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$60.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$331.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$309.00M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-21.00M	USD	1 Quarter
Other operating assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-87.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$523.00M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$409.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$42.00M	USD	1 Quarter
Purchases of property, plant and equipment	`PaymentsToAcquireProductiveAssets`	$59.00M	USD	1 Quarter
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$8.00M	USD	1 Quarter
Proceeds from disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	1 Quarter
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-33.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-63.00M	USD	1 Quarter
Borrowings under revolving credit facilities	`ProceedsFromLongTermLinesOfCredit`	$1.29B	USD	1 Quarter
Borrowings under revolving credit facilities	`ProceedsFromLongTermLinesOfCredit`	$289.00M	USD	1 Quarter
Repayments under revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$334.00M	USD	1 Quarter
Repayments under revolving credit facilities	`RepaymentsOfLongTermLinesOfCredit`	$1.39B	USD	1 Quarter
Repayments under term loans	`RepaymentsOfBankDebt`	-	USD	1 Quarter
Repayments under term loans	`RepaymentsOfBankDebt`	$4.00M	USD	1 Quarter
(Repayments) borrowings of other debt, net	`ProceedsFromRepaymentsOfOtherDebt`	$26.00M	USD	1 Quarter
(Repayments) borrowings of other debt, net	`ProceedsFromRepaymentsOfOtherDebt`	$-8.00M	USD	1 Quarter
Settlement of derivative instruments, net	`PaymentsForProceedsFromHedgeFinancingActivities`	$-57.00M	USD	1 Quarter
Settlement of derivative instruments, net	`PaymentsForProceedsFromHedgeFinancingActivities`	-	USD	1 Quarter
Dividends paid to LKQ stockholders	`PaymentsOfDividends`	$71.00M	USD	1 Quarter
Dividends paid to LKQ stockholders	`PaymentsOfDividends`	-	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$144.00M	USD	1 Quarter
Purchase of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$57.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$12.00M	USD	1 Quarter
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-10.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$278.00M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-208.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-6.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations`	$-4.00M	USD	1 Quarter
Net increase in cash and cash equivalents, including cash classified within current assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$278.00M	USD	1 Quarter
Net increase in cash and cash equivalents, including cash classified within current assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$62.00M	USD	1 Quarter
Less: increase in cash classified within current assets held for sale	`IncreaseDecreaseInCashClassifiedWithinCurrentAssetsHeldForSale`	$-9.00M	USD	1 Quarter
Less: increase in cash classified within current assets held for sale	`IncreaseDecreaseInCashClassifiedWithinCurrentAssetsHeldForSale`	-	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$278.00M	USD	1 Quarter
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$53.00M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$274.00M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$590.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$312.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$327.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$274.00M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$590.00M	USD	Point-in-time
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$28.00M	USD	1 Quarter
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$116.00M	USD	1 Quarter
Interest	`InterestPaidNet`	$6.00M	USD	1 Quarter
Interest	`InterestPaidNet`	$6.00M	USD	1 Quarter

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance as of January 1, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.86B	USD	Point-in-time
Balance as of January 1, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Balance as of January 1, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.79B	USD	Point-in-time
Balance as of January 1, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.80B	USD	Point-in-time
Net income	`NetIncomeLoss`	$266.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-53.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-27.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$144.00M	USD	1 Quarter
Purchase of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$57.00M	USD	1 Quarter
Vesting of restricted stock units, net of shares withheld for employee tax	`RestrictedStockUnitsVestedValueNetofTaxWithholdings`	$-5.00M	USD	1 Quarter
Vesting of restricted stock units, net of shares withheld for employee tax	`RestrictedStockUnitsVestedValueNetofTaxWithholdings`	$-2.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Dividends declared to LKQ stockholders ($0.25 per share)	`DividendsCommonStockCash`	$72.00M	USD	1 Quarter
Balance as of March 31, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.86B	USD	Point-in-time
Balance as of March 31, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.67B	USD	Point-in-time
Balance as of March 31, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.79B	USD	Point-in-time
Balance as of March 31, 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.80B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$266.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$273.00M	USD	1 Quarter
Foreign currency translation, net of tax	`TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease`	$-25.00M	USD	1 Quarter
Foreign currency translation, net of tax	`TranslationAdjustmentFunctionalToReportingCurrencyNetOfTaxPeriodIncreaseDecrease`	$-54.00M	USD	1 Quarter
Net change in unrealized gains/losses on cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	1 Quarter
Net change in unrealized gains/losses on cash flow hedges, net of tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss) from unconsolidated subsidiaries	`Othercomprehensiveincomelossunconsolidatedsubsidiaries`	$-3.00M	USD	1 Quarter
Other comprehensive income (loss) from unconsolidated subsidiaries	`Othercomprehensiveincomelossunconsolidatedsubsidiaries`	$1.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-53.00M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-27.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$220.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$239.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.